S&P, Nasdaq Fall; Dollar Rallies After Trump Taps Warsh | Closing Bell

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The S&P and Nasdaq indices fell, while the US dollar rallied after President Trump announced the nomination of Jerome Powell's successor, Jerome's former colleague, Kevin Warsh, to the Federal Reserve.

Market Impact

Market impact analysis based on bearish sentiment with 70% confidence.

Sentiment
Bearish
AI Confidence
70%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. (Source: Bloomberg)

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Original article published by Bloomberg on January 31, 2026.
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